Breaking News: Markets React to Strong Earnings from Alphabet Inc.
Tuesday, 29 October 2024, 22:50
Market News Highlights
Check out the companies making headlines in after-hours trading:
- Chipotle Mexican Grill – Mixed quarterly results led to a 3% dip in shares. Adjusted earnings were 27 cents per share against expectations of 25 cents.
- Alphabet Inc. – Shares jumped 4% after earnings reached $2.12 per share on revenue of $88.27 billion, exceeding analyst forecasts.
- Visa – The global payments giant reported adjusted earnings of $2.71 per share and announced a 13% increase in quarterly dividends, boosting shares by 1.5%.
This upbeat performance from key players is driving market trends and preparing investors for a bullish sentiment across stock markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.